Baosheng Media Group Holdings (BAOS) has released an update.
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Baosheng Media Group Holdings Limited has faced the termination of two significant investment agreements, one with Kaboom Technology Limited and another with VG Master Fund SPC, due to ongoing legal proceedings. No securities or shares were issued to either party prior to the termination of these agreements. The terminations effectively nullify previous arrangements and cease all related investment activities between the parties.
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